The firm also revealed at the time that it had pulled in more than $450m for its Emerging Markets Opportunity fund, while a close for its European Private Debt strategy in October brought capital commitments to $753m.

Its adjusted net income rose $21.9m year-on-year in the third quarter to $179.6m, while revenues grew 19 per cent to $361.6m.

Oaktree said the latter was attributable to a 107 per cent gain in incentive income to $122.4m from $59.2m.